Exercise Regimes
“The smartphone business is clearly slowing so they are looking for new areas of growth,” Mark Newman, an analyst at Sanford C. Bernstein, said in an interview with Bloomberg Television. “As the world continues to age and there is not enough doctors to go around, we are going to increasingly rely on personal-health gadgets.”
On the software side, a cloud data service called Samsung Architecture for Multimodal Interactions would be a repository for information that consumers could opt to share with mobile app developers and which could deliver software that recommends exercise regimes or diets, among other things.
Samsung rose 1.9 percent to 1,460,000 won in Seoul. The stock has gained 6.4 percent this year, while the benchmark Kospi index is unchanged.